US dollar at customs repriced daily according to average bank rates on day before: ECA
The official price at customs on Tuesday registered EGP 17.26, hitting EGP…
Egyptian Automotive Dealers Association halts imports for November
The Egyptian Automotive Dealers Association held a meeting for leading car importers…
PBDAC amends its main system after parliament approves law: chairperson
We will immediately begin to communicate with the World Bank to implement…
US dollar exchange rate stable on 1st day of Egyptian pound’s complete flotation
Sunday marks the first day of the Egyptian pound’s complete flotation in…
Financial portfolios undergo restructuring amid tendency to invest in stocks of export companies: investment managers
Investment in shares is more attractive compared to fixed-income instruments despite increase…
Egyptian pound flotation is a historic decision: bank leaders
Raising interest was important to protect citizens' savings and to face expected…
Some banks raise interest on savings vessels after CBE decision, public banks to follow suit
Some banks operating in the local market have quickly raised the interest…
$1.2bn secured for importing food commodities for 6 months: CBE
Tarek Amer held a press conference on Thursday to disclose the details…
Egypt obtains pledges worth $16.3bn for financing economic reforms during FY 2016/2017
Tarek Amer said that those countries include seven leading industrial countries and…
Impact of the Egyptian pound’s flotation will be measured in the coming days: experts
The CBE announced on Thursday that it would float the Egyptian pound,…
